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KKR scores benchmark returns from partial exit in SBI Life

By Ankit Doshi

  • 25 Jul 2019
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KKR scores benchmark returns from partial exit in SBI Life
Credit: Thinkstock

Private equity giant KKR & Co. has scored benchmark returns by selling a third of its stake in SBI Life Insurance Co. Ltd, India's second-largest life insurer in the private sector. KKR, along with Singapore state investment firm Temasek Holdings, had bought a 1.95% stake in SBI Life for about Rs ......

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